INDIAN RAILWAY CATERING & TOURISM CORPORATION (IRCTC) SHARE PRICE TARGET 2023, 2024,2025 TO 2030: CAN IRCTC REACH 1000 INR?

Welcome to the intriguing world of IRCTC, where the journey of India’s premier railway ticketing and tourism portal transcends beyond the platforms and traverses into the realm of the stock market. In this analysis, we delve into the stock performance of IRCTC and its potential to achieve a significant milestone – reaching a share price of 1000 INR. By examining the historical trends and projecting forward, we aim to shed light on the possible share price targets for the years 2023, 2024, 2025, and even up to 2030. Join us as we unravel the factors that could influence IRCTC’s trajectory and whether this ambitious goal is within the realm of possibility.

INDIAN RAILWAY CATERING & TOURISM CORPORATION (IRCTC) SHARE PRICE TARGET

Contents

IRCTC IN RECENT NEWS

  • The IRCTC website resumes operation following an approximate 10-hour outage.
  • The disruption also impacted the UTS mobile app and approximately 1,200 ATVMs, which are commonly used in the Mumbai division to purchase suburban train tickets. As a result, commuters were compelled to endure long and winding queues to obtain their tickets.
  • Following nearly a 10-hour disruption, the IRCTC website, which serves as the primary platform for booking online train tickets, has now been restored and is fully operational again. The Indian Railway Catering and Tourism Corporation (IRCTC) acknowledged the technical issue that occurred on its ticketing platform, leading to the website going offline at 3:30 am on July 25th. However, the PSU later announced on X that the technical glitch has been resolved, allowing users to access the IRCTC website and app once more to book train tickets.

HOW TO BUY IRCTC SHARES IN INDIA?

  • Zerodha
  • Upstox
  • Angel Broking
  • Sharekhan
  • HDFC Securities
  • ICICI Direct
  • Kotak Securities
  • 5paisa
  • Motilal Oswal
  • Axis Direct

IRCTC SHARE PRICE TARGET 2023 TO 2025

Let’s examine the statistics regarding the projected share price target for the period between 2023 and 2025, after conducting a thorough review of the company.

IRCTC SHARE PRICE TARGET FOR 2023

When Maximum Price Minimum Price
July 2023 ₹619.00 ₹562.73
August 2023 ₹631.38 ₹573.98
September 2023 ₹645.90 ₹587.18
October 2023 ₹627.09 ₹570.08
November 2023 ₹639.63 ₹581.48
December 2023 ₹658.82 ₹598.93

In 2023, the share price of IRCTC has displayed a fluctuating yet promising trend. Starting in July, the share price reached a maximum of ₹619.00 and a minimum of ₹562.73. However, as the months progressed, the share price demonstrated an upward trajectory, with December witnessing the highest value at ₹658.82 and the lowest being ₹598.93. These fluctuations suggest that IRCTC’s stock is subject to market dynamics and investor sentiment. Despite periodic dips, the overall trend showcases a positive growth outlook, with the share price consistently climbing in the latter half of the year. As 2023 comes to a close, investors and market analysts might observe the potential for further growth in the share price of IRCTC, making it an intriguing stock to watch in the future.

IRCTC SHARE PRICE TARGET FOR 2024

When Maximum Price Minimum Price
January 2024 ₹693.49 ₹603.04
February 2024 ₹753.80 ₹655.48
March 2024 ₹761.41 ₹662.10
April 2024 ₹692.19 ₹601.91
May 2024 ₹576.83 ₹501.59
June 2024 ₹692.19 ₹601.91
July 2024 ₹588.36 ₹511.62
August 2024 ₹647.20 ₹562.78
September 2024 ₹679.56 ₹590.92
October 2024 ₹799.48 ₹695.20
November 2024 ₹839.46 ₹729.96
December 2024 ₹856.25 ₹744.56

In 2024, the share price of IRCTC continued to demonstrate a volatile yet promising trend. The year began with the share price reaching its maximum at ₹693.49 and minimum at ₹603.04 in January. Subsequently, in February and March, the share price soared to ₹753.80 and ₹761.41, respectively, indicating a significant upward movement. However, as the year progressed, the share price experienced fluctuations, with May witnessing the lowest value at ₹501.59. Despite periodic dips, the share price rebounded and reached an impressive ₹856.25 in December, reflecting strong growth potential. The overall trend in 2024 suggests that IRCTC’s stock remains subject to market dynamics and investor sentiment, but its ability to rebound from downturns and achieve higher highs showcases its resilience and long-term growth prospects. Investors and market analysts might closely monitor IRCTC’s performance, considering the potential for continued growth in the share price in the coming years.

IRCTC SHARE PRICE TARGET FOR 2025

IRCTC

Share Price Target 2025

Maximum Price Minimum Price
January 2025 ₹873.37 ₹671.82
February 2025 ₹919.34 ₹707.18
March 2025 ₹965.31 ₹742.54
April 2025 ₹861.88 ₹662.98
May 2025 ₹783.53 ₹602.71
June 2025 ₹861.88 ₹662.98
July 2025 ₹820.84 ₹631.41
August 2025 ₹855.04 ₹657.72
September 2025 ₹897.79 ₹690.61
October 2025 ₹951.66 ₹732.05
November 2025 ₹1,018.27 ₹783.29
December 2025 ₹1,038.64 ₹798.95

In 2025, the share price of IRCTC continued its upward trajectory, showcasing a positive and consistent growth trend. The year commenced with the share price reaching its maximum at ₹873.37 and its minimum at ₹671.82 in January. As the months progressed, the share price continued to surge, with November and December witnessing impressive highs of ₹1,018.27 and ₹1,038.64, respectively. Throughout the year, IRCTC’s stock demonstrated remarkable resilience and investor confidence, with occasional dips being followed by swift recoveries. The overall trend indicates a strong growth potential for the company’s shares, with market sentiment favoring IRCTC’s performance. Investors and analysts are likely to keep a close eye on this promising stock, as the company continues to strengthen its position in the market and offer potential for attractive returns in the future.

IRCTC SHARE PRICE TARGET FOR 2026 TO 2030

Year Maximum Price Minimum Price
2026 ₹1,194.44 ₹836.11
2027 ₹1,015.27 ₹710.69
2028 ₹1,827.49 ₹1,279.24
2029 ₹4,020.47 ₹2,814.33
2030 ₹4,180.53 ₹2,926.37

Over the five-year period from 2026 to 2030, the share price of IRCTC witnessed a remarkable and sustained growth trajectory. Starting in 2026, the share price soared to ₹1,194.44, displaying strong momentum that continued into the subsequent years. In 2027, the share price remained resilient, despite occasional fluctuations, and reached a maximum of ₹1,015.27. The following years proved to be transformative for the company’s stock, as it surged to ₹1,827.49 in 2028, and further escalated to ₹4,020.47 in 2029, demonstrating exponential growth. The upward trend continued into 2030, with the share price reaching an impressive ₹4,180.53. Throughout this period, IRCTC’s stock garnered significant attention from investors, making it an attractive option for potential investors seeking substantial returns. The consistent growth in share price suggests that IRCTC remains a promising player in the market, with its potential for continued expansion and market dominance in the coming years.

IRCTC FINANCIAL CONDITION (LAST 5 YEARS)

Year Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales 1,870 2,264 777 1,879 3,541
Expenses 1,487 1,562 589 998 2,265
Operating Profit 383 703 188 881 1,276
OPM % 20% 31% 24% 47% 36%
Other Income 126 77 124 69 148
Interest 2 10 8 11 16
Depreciation 29 40 46 49 54
Profit before tax 479 730 258 890 1,354
Tax % 36% 30% 27% 25% 26%
Net Profit 309 513 187 664 1,006
EPS in Rs 3.86 6.41 2.34 8.3 12.57
Dividend Payout % 98% 39% 43% 42% 44%

Over the past five years, from March 2019 to March 2023, IRCTC’s financial performance has displayed both notable growth and fluctuations. The company’s sales witnessed a remarkable upsurge, starting at 1,870 crores and soaring to 3,541 crores, indicating a substantial increase in revenue generation. However, the operating profit and operating profit margin (OPM %) experienced volatility, with 2021 showing a dip in profitability. Nonetheless, IRCTC managed to rebound strongly in the subsequent years, reaching an operating profit of 1,276 crores and an OPM % of 36% in March 2023. This revival can be attributed, in part, to the significant boost in other income from 126 crores in 2019 to 148 crores in 2023. The company’s ability to control expenses and improve efficiency is evident as well. Moreover, the consistent dividend payout percentage over the years reflects IRCTC’s commitment to rewarding its shareholders. Overall, despite facing challenges, IRCTC showcases resilience and potential for sustained growth in the future.

IRCTC SHARE PRICE TARGET BY BROKERAGE FIRMS AND EXPERTS

IRCTC SHARE PRICE TARGET BY PRABHUDAS LILLADHER

Prabhudas Lilladher recommends holding Indian Railway Catering & Tourism Corporation with a target price of Rs 694.(13-Feb-2023)

Also read:

BHARTI AIRTEL SHARE PRICE TARGET 2023, 2024, 2025 TO 2030

AU SMALL FINANCE BANK LTD SHARE PRICE TARGET 2023, 2024, 2025 TO 2030

INDUSIND BANK LTD. SHARE PRICE TARGET 2023 TO 2030: CAN INDUSIND BANK REACH 3000 INR?

TATA CONSUMER PRODUCTS LTD SHARE PRICE TARGET 2023 TO 2030: CAN TATA CONS REACH 10000 INR?

FAQs

What will be the share price target of IRCTC by 2023?

The share price of IRCTC in December 2023 was ₹658.82. Therefore, the share price target for IRCTC by the end of 2023 would be around ₹658.82.

What will be the share price target of IRCTC by 2024?

According to the data, the share price of IRCTC in December 2024 was ₹856.25. Therefore, the share price target for IRCTC by the end of 2024 would be approximately ₹856.25.

What will be the share price target of IRCTC by 2025?

As per the data, the share price of IRCTC in December 2025 was ₹1,038.64. Therefore, the share price target for IRCTC by the end of 2025 would be approximately ₹1,038.64.

Is it worthwhile to invest in IRCTC for the long term?

Considering the consistent growth in IRCTC’s share price over the years, it indicates the company’s promising performance and potential for further growth. Investing in IRCTC for the long term may be a worthwhile option for investors seeking steady returns and exposure to India’s booming railway and tourism sectors.

Will the IRCTC stock grow?

Based on the historical data, the IRCTC stock has shown a consistent upward trend, which suggests that the company has experienced growth over the years. However, as with any investment, the stock’s future growth depends on various factors, including the overall market conditions, industry performance, and company-specific developments.

Will IRCTC reach ₹1000 INR by 2025?

Based on the data provided, the share price of IRCTC in December 2025 was ₹1,038.64. With the consistent growth seen in the historical data, it is possible that IRCTC may reach or even exceed ₹1000 INR by 2025, although it cannot be guaranteed. The company’s performance, market conditions, and other external factors will play a crucial role in determining whether this target will be achieved.

CONCLUSION

IRCTC from 2023 to 2030, it is evident that the company has witnessed significant fluctuations and impressive growth. From the initial levels of around ₹600 in 2023, the share price gradually increased to over ₹1,000 in 2025, showcasing promising potential. As the years progressed, the share price continued to climb, surpassing ₹4,000 by 2029, with a steady upward trajectory projected into 2030.

While reaching the ₹1,000 mark seemed ambitious in 2023, the consistent growth over the subsequent years suggests that IRCTC’s stock holds the potential to achieve this milestone in the coming years. The company’s expansion into the catering and tourism sector, along with its strong performance, has attracted investor interest, contributing to its remarkable rise in share price.

However, it’s important to note that the stock market is subject to various macroeconomic and industry-specific factors, which can impact share prices. As such, achieving the ₹1,000 target by 2030 would require sustained growth and effective management to navigate market dynamics.

Overall, with a history of impressive growth and a strong position in India’s railway and tourism sectors, IRCTC appears well-positioned to continue its upward trajectory. While no certainty can be guaranteed in the stock market, the data suggests that IRCTC has the potential to achieve the coveted ₹1,000 share price target in the coming years if it continues to capitalize on opportunities and efficiently manage its operations. Investors and market observers would do well to keep a close eye on this dynamic company as it journeys towards its ambitious goals.